Caseware UK (AP4) 2022.0.179 2022.0.179 2023-10-312023-10-31falsetrue2022-06-22falseNo description of principal activity20The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 14187438 2022-06-21 14187438 2022-06-22 2023-10-31 14187438 2021-11-01 2022-06-21 14187438 2023-10-31 14187438 c:Director1 2022-06-22 2023-10-31 14187438 d:CurrentFinancialInstruments 2023-10-31 14187438 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 14187438 d:ShareCapital 2023-10-31 14187438 d:RetainedEarningsAccumulatedLosses 2023-10-31 14187438 c:OrdinaryShareClass1 2022-06-22 2023-10-31 14187438 c:OrdinaryShareClass1 2023-10-31 14187438 c:FRS102 2022-06-22 2023-10-31 14187438 c:AuditExempt-NoAccountantsReport 2022-06-22 2023-10-31 14187438 c:FullAccounts 2022-06-22 2023-10-31 14187438 c:PrivateLimitedCompanyLtd 2022-06-22 2023-10-31 14187438 e:PoundSterling 2022-06-22 2023-10-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 14187438













RUSTLE SNACKS LIMITED
UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 OCTOBER 2023


 
RUSTLE SNACKS LIMITED
REGISTERED NUMBER:14187438


BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
Note
£

  

Current assets
  

Stocks
  
4,813

Debtors: amounts falling due within one year
 4 
37,762

Cash at bank and in hand
 5 
67,331

  
109,906

Creditors: amounts falling due within one year
 6 
(65,700)

Net current assets
  
 
 
44,206

Total assets less current liabilities
  
44,206

  

Net assets
  
44,206


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
44,106

  
44,206


Page 1


 
RUSTLE SNACKS LIMITED
REGISTERED NUMBER:14187438

    
BALANCE SHEET (CONTINUED)
AS AT 31 OCTOBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J Dyer
Director

Date: 28 February 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2


 
RUSTLE SNACKS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

1.


General information

Rustle Snacks Limited is a private company limited by shares, incorporated and domiciled in England and Wales, United Kingdom. The registed office address is Harwood House, 43 Harwood Road, London, SW6 4QP.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3


 
RUSTLE SNACKS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.5

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 4


 
RUSTLE SNACKS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.


3.


Employees




The average monthly number of employees, including directors, during the period was 2.


4.


Debtors

2023
£


Trade debtors
37,662

Other debtors
100

37,762


Page 5


 
RUSTLE SNACKS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 OCTOBER 2023

5.


Cash and cash equivalents

2023
£

Cash at bank and in hand
67,331



6.


Creditors: amounts falling due within one year

2023
£

Trade creditors
43,788

Corporation tax
10,458

Other taxation and social security
8,954

Accruals and deferred income
2,500

65,700



7.


Share capital

2023
£
Allotted, called up and fully paid


10,000 Ordinary shares of £0.01 each
100


The company issued 10,000 Ordinary shares of £0.01 each on incorporation.

 
Page 6